Finally, after a year of negotiations, Presidents Trump and Xi have at least worked out the easy stuff on the Sino-U.S. tariff war, as China has agreed to buy more American goods and allow foreign companies more access to its domestic market. Both countries have agreed to extend the deadline to solve the tougher structural issues like forced intellectual property (IP) transfer and enforcement, currency manipulation, and the artificial propping-up of state-owned enterprises.
Unfortunately, these are the big issues that companies in the ceramic industry worry about. Questions remain, including: “Should we still invest in China? Will we finally have IP protection in China? Will our China product and equipment costs go up?”